November 6, 2024
44 S Broadway, White Plains, New York, 10601
EARNINGS INVESTING News

You won’t believe how much Macy’s is spending on their Thanksgiving Parade!

You won’t believe how much Macy’s is spending on their Thanksgiving Parade!

Every year, the Macy’s Thanksgiving Day Parade captures the hearts of millions, symbolizing the start of the holiday season in the United States. From its humble beginnings in 1924 as a Christmas parade to promote holiday shopping, the event has evolved into a spectacle filled with giant balloons, vibrant floats, and captivating performances. With an estimated 3.5 million spectators on-site and over 50 million viewers tuning in on television, the Macy’s Thanksgiving Day Parade is a true American tradition.

However, behind the glitz and glamour lies a financial struggle for Macy’s. Recent years have seen the retail giant facing declining sales and store closures, attributed to a shifting economy and increasing competition. In an effort to turn the tide, Macy’s has implemented a turnaround plan focused on streamlining operations and maximizing profitability in preparation for the holiday season, which is a critical time for the company.

As Macy’s gears up for its 98th Thanksgiving Day Parade, the anticipation is high. This year’s event promises to be bigger and better than ever, featuring 32 balloons, 17 character balloons (including six new additions), and 22 dazzling floats. The parade will also showcase 10 performance groups and musical stars, along with appearances by beloved holiday figures like Santa Claus and Mrs. Claus.

From Broadway cast members to popular celebrities, the lineup for the Macy’s Thanksgiving Day Parade is star-studded and sure to captivate audiences across the nation. Whether you’re watching from the streets of New York City or from the comfort of your home, don’t miss this iconic holiday tradition live on NBC and Peacock.

As we anticipate the magic of the Macy’s Thanksgiving Day Parade, let’s celebrate the joy and festive spirit that unites us all during this special time of year. Cheers to a season filled with hope, gratitude, and the cherished traditions that bring us together.

Leave feedback about this

  • Quality
  • Price
  • Service

PROS

+
Add Field

CONS

+
Add Field
Choose Image
Choose Video